UFC Lands $7.7 Billion Deal with Paramount
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The meet and greet was at UFC 306 at the Sphere in Las Vegas nearly a year ago. In the luxury box of TKO Holdings, which owns UFC and WWE, were media luminaries: Amazon’s Jeff Bezos, Disney’s Bob Iger and the future leader of Paramount, David Ellison, CEO of Skydance.
However, when the deal does go into effect, all UFC events will be streamed on Paramount+, with a select few even set to air on CBS. White has hinted that Paramount's premium $12.99 subscription will be required to stream UFC fights, though that is a huge price drop from the current cost of PPV events.
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Sportsnaut on MSNUFC Officialy Moves From ESPN to Paramount: Why It Is a Huge Win for a Fans Wallet
“Paramount, a Skydance Corporation, and TKO Group Holdings, Inc., a premium sports and entertainment company, today announced a seven-year media rights agreement in which Paramount will become the exclusive home of all UFC events in the U.S,” the companies announced in a statement.
In a major deal, Paramount scores exclusive rights to UFC events, signaling the end of the pay-per-view model currently used by ESPN.
Paramount will become the new home to all UFC events in the U.S., while UFC's CEO says the White House may host a July 4 event broadcast on CBS.
Joe Rogan sees the UFC's deal with Paramount helping the sport grow exponentially.
Joe Rogan praises UFC’s Paramount+ deal but hopes the promotion keeps ESPN ties, calling the network vital for attracting new MMA fans.
It didn’t take long for David Ellison, the fresh-faced millennial owner and CEO of Paramount Skydance, to make a statement. Just five days after the merger between Paramount and Skydance closed, the scion of Oracle’s Larry Ellison reached into his deep pockets to acquire seven years of broadcast